WASHINGTON (Reuters)—U.S. President Donald Trump and Republican congressional leaders appeared on Wednesday to be losing the battle to get enough support in the House of Representatives to pass their Obamacare rollback bill, watched by wary investors in financial markets.
The current House Republican rollback plan is scheduled for a floor vote on Thursday but faces stiff resistance from some conservative Republicans, who view it as too similar to Obamacare, and from moderates concerned it will hurt some voters.
Mark Meadows, who heads the conservative House Freedom Caucus, said after a White House meeting with Vice President Mike Pence that his group had more than enough members to stop the bill from passing, although he remained hopeful for potential changes to the legislation.
Trump and House Speaker Paul Ryan, the measure’s leading proponent, can afford to lose only about 20 Republican votes or risk failure, since Democrats are united against it. A Freedom Caucus aide said more than 25 of its members were opposed.